Jake Welch — National Pulse — December 11th…
“Houses in the United States are less affordable than at any time in the country’s history, with the average monthly price of home payments increasing from $1,787 to $3,322 per month since Joe Biden became President in 2021.
The average monthly mortgage payment is 52% higher than the average cost of renting an apartment. In metropolitan areas and cities, such as Seattle, Austin, and several CA cities, [that] increases to a staggering 175%.
Someone taking out a mortgage on a house costing $430,000 with a ten percent initial payment is forced to pay $3,200 every month: 60 percent more than 3 years ago.
As a result, the average age of a “first-time buyer” is now 35, three years older than under Donald Trump’s presidency.
[…]
Meanwhile, jobless claims are on the rise under the Biden regime, and more Americans are forced to break into their life savings.”
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